New Trader with Question

Discussion in 'Trading' started by munebags, Mar 1, 2007.

  1. munebags

    munebags

    I just funded my account and started trading Monday. I noticed the market has been swinging up and down 3-5% per day. I thought the foreign markets were supposed to be volatile? Should I trade those instead? 3-5% swings seems tame compared to China with its 10% per day movement. If I do daytrade China which broker should I use and what hours are they open?

    Thanks in advance,

    Munebags
     
  2. I guess the first question is, why did you fund a trading account with real money if you aren't rock-solid sure what to trade and exactly how to go about that?

    If you intend to learn from square one using real money in the process, your account balance ain't big enough to avoid hitting zero.
     
  3. munebags

    munebags

    Thanks.

    If you had to recommend a book or mentor who (what) would you recommend?